Middle East News

Singapore-based crypto trading firm QCP Capital has signed a strategic partnership agreement with Further Ventures to double down on the Middle Eastern markets. Asia’s crypto trading firm QCP Capital revealed a partnership agreement with Further Ventures, an investment firm backed…

Centralized crypto exchange Bitget has appointed Vugar Usi Zade as the new Chief Operations Officer.

Crypto payment provider Triple-A has raised $10 million in a Series A funding round led by Peak XV (former Sequoia India and Southeast Asia) and Shorooq Partners. The investments come just a year after Triple-A raised $4 million from Razer’s…

BitGo head Mike Belshe said the firm is close to receiving approval from the Dubai regulator. Cryptocurrency custodian BitGo, backed by Goldman Sachs, is seeking expansion into the Middle East following a recent $100 million funding round, which brought the…

During a panel at the Plan B Forum 2023, a speaker discussed Bitcoin's utility in the hyperinflated economies of Turkey and Lebanon.

The International Monetary Fund (IMF)  has called for financial reforms, particularly in the crypto industry. But the recent Israel-Hamas conflict threatens the global economy.

Binance announced the suspension of its crypto debit card services in Latin America and the Middle East starting Aug. 25. Crypto debit cards allow users to make purchases using their crypto. Binance Card enabled its users to cover daily expenses…

DAMAC Properties, has confirmed that it will embrace the digital economy by enabling the conversion from fiat currencies and the sale of the property to Bitcoin and Ethereum holders. DAMAC will Adopt BTC and ETH DAMAC Properties has announced that…

The United Arab Emirates is planning to grant federal licenses to Virtual Asset Services Providers (VASPs) before legalizing digital assets. Per reports, it plans to grant these licenses before the end of March to attract blockchain platforms to establish their operations there.

BitOasis is set to become the first regulated bitcoin exchange in the entire Arab world following preliminary approval from regulators in the United Arab Emirates (UAE), Bloomberg reports May 12, 2019. In recent times, the region has begun to pursue…

According to a report by The National, published on December 21, 2018, the UAE’s Securities and Commodities Authority (SCA) is set to introduce ICO regulations in the country by the end of the first half of 2019. ICO regulations will…

X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018.…